Asian tech stocks bounce back after Trump tariff exemptions


FILE PHOTO: Semiconductor chips are seen on a circuit board of a computer in this illustration picture taken February 25, 2022. REUTERS/Florence Lo/Illustration/File Photo

TAIPEI: Shares in Asian tech companies that are major suppliers to companies like Apple rose on Monday after the U.S. government granted temporary exclusions from steep tariffs on smartphones, computers and some other electronics imported largely from China.

Shares in Foxconn, Apple's largest iPhone assembler, gained around 4% in Monday morning trade, with contract laptop maker Quanta up 7% and Inventec - which also makes artificial intelligence servers - rising 4%.

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Technology , semiconductor , electronics , Trump , tariffs

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